- Tax Sales Hub
- British Columbia
- Vancouver
- l4LB6JAn
Tax Sale Property in Vancouver, British Columbia
4856 EARLES ST VANCOUVER V5R 3R5
Folio: 09-200-023-280-722-34-0000
‐ PID: 014-017-512
Property Unique ID: l4LB6JAn
- Status: Inactive
- Sale Type: Public Auction
- Tax sale date: Nov 10, 2021
- Release date: Oct 25, 2021
- Province: British Columbia
- Municipality: Vancouver
- Address: 4856 EARLES ST VANCOUVER V5R 3R5
- Folio: 09-200-023-280-722-34-0000
- PID: 014-017-512
- Property size: Unknown
- Zoning: Unknown
- Near water? No
- Property on a lake or a bay or a river? No
- Waterfront? No
- Accessible by public/private road? Yes
- House or cottage on the property? Yes
- Other structure on the property? No
- Farmland? No
- Residential? Unknown
- Commercial or industrial? Unknown
- Vacant land? Unknown
- Redeemable 12 months
Minimum Bid
$8,040.52 CADAssessed Value
$1,240.40 CADPotential Revenue
-$6,800.12 CADSign Up Now to Unlock Hidden Information
Description
ONLY CASH, CERTIFIED CHEQUE OR DEBIT CARD
WILL BE ACCEPTED
Please make cheques payable to “City of Vancouver”
Payments will be accepted until 12:00 noon on Friday,
November 12, 2021.
In addition to the taxes and other charges included in the upset price, subsequent taxes are also due as shown in separate amounts on this list. These subsequent taxes, with interest and the amount bid, if any, over the upset price, will become payable on demand after the expiration of the period of one year allowed for redemption, together with all the charges to that date, before the purchaser can obtain title. At this time, you will also be subject to taxation under the Provincial Property Purchase Tax Act and the Goods and Services Tax, where applicable.
In the event of redemption, the purchaser will receive interest on the upset price money paid at the rate of 6% per annum to the date of redemption.
The City of Vancouver makes no representation expressed or implied as to the condition or quality of the properties being offered for sale. Prospective purchasers are urged to research the properties and make all necessary inquiries to municipal and other government departments to determine the existence of any bylaws, restriction, charges or other conditions which may affect the value or suitability of the properties.
Legal Description
Lot 6 Block 115 Plan VAP2160 District Lot 37 Land District 1 Land District 36 EXC E 10 FT, W 7 FT & PT IN EXP PL 6173, NOW HWYS
Additional Information
Year built 1941
Description 1.5 STY house - Basic
Bedrooms 6
Baths 2
Land size 33 x 110 Ft
First floor area 906
Second floor area 392
Basement finish area 672
No sales history for the last 3 full calendar years
Images
We cannot guarantee accuracy of the pictures and the borders of the tax sale land.
British Columbia tax sale properties buyer's guide
Before you go for a tax sale public auction you should consider the following:
Before you make a final decision to buy a tax sale property, be aware of the following:
The municipality does not hold the title of the estate or any other matter concerning the lands to be sold. The property value can be much higher or much less than the minimum bid.
It is up to you to examine this property to see if it is a good investment and to investigate the statutory requirements and tax sale provisions.
Therefore, we highly recommend you to check the title and executions to see what will stay on the title and become your duty after the execution. Is the property subject to attributable holders' easements, limits and/or adverse possession? Do the condition of the property, land use, zoning, etc. fit into your property plans?
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This process is buyer beware. You must undertake due diligence with respect to all aspects of the property.
Therefore it is important to do your homework before a public auction.
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You may drive past the property, but site visits are not available.
Use Google Maps Street View on the property page to have a closer look. Since Google Maps photos could be deprecated and if the property you are interested in is not so far, it's a good idea to drive there and have a look yourself.
IMPORTANT: YOU ARE NOT ALLOWED TO GO ON PROPERTY TERRITORY.
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There is no vacant possession. The successful bidder will not receive a key to the property. The successful bidder is responsible for the eviction process if necessary.
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You should check if there are any Federal or Provincial liens on title
. We recommend you do a title search before going for a public auction.
A Title Search Report can be ordered from the tender page on www.taxsaleshub.ca. It'll be ready in 1-2 business days. Most charges will be removed if the property is transferred at the end of the year of redemption, but ones that will be transferred to you as the new owner will be any senior government liens (i.e. Province of BC or Government of Canada). All other mortgages and charges will be removed before ownership is transferred to you.
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You should investigate zoning, planning or building restrictions, and work orders.
Some municipal websites have a "Find Your Zoning" page, where you can find out zoning by the roll number. And, of course, you can always go to City Hall and do your research.
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You are responsible for any environmental concerns if there are contamination issues with the property.
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We recommend retaining a lawyer to protect your interests before submitting a bid.
In order to determine what interests will affect a property after a tax sale, you will need to obtain an up-to-date title search report. Members can order reports directly from our site. An in-house title report specialist will prepare a "Title Search Report" in simple, easy-to-understand language. The Report will tell you if any encumbrances will remain against the property after the tax sale.
By having a Title Search Report updated 1-2 business days before the auction is going to be held, you will be able to see if any new mortgages or other significant interests against the property have been registered since your first search was conducted. You might find that they have and decide not to go for a public auction.
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Decide how much you are willing to pay for the property
Since the tax sale is held as a public auction, others will likely be bidding. The person with the highest bid will be permitted to purchase the property. No one else will be given the opportunity to make the purchase. You should decide the maximum amount you are willing to pay for a tax sale. The amount has to be no less than the minimum bid set per property.